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Nuclear Phaseout Could Spell Disaster for German Energy Giants

With the government's decision to phase out nuclear energy, Germany's four biggest utility companies face an uncertain future. Profits could tumble this year by as much as 30 percent and the companies are also becoming increasingly vulnerable to takeovers. Are the days of giant energy companies numbered in Germany?



Wind power
by Jerome a Paris (etg@eurotrib.com) on Thu Jun 2nd, 2011 at 02:03:21 PM EST
More like wishful thinking, I believe. Haven't The Very Serious People been telling us since forever that the giant (quasi-public) German energy companies Can't Possibly Work?

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Jun 2nd, 2011 at 03:45:40 PM EST
[ Parent ]
Well, since the only companies which could possibly buy them are the French (semi-State-owned and nuclear-happy) ones, I'm not sure what they are worried about most...

Wind power
by Jerome a Paris (etg@eurotrib.com) on Thu Jun 2nd, 2011 at 04:57:25 PM EST
[ Parent ]

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